Reassessment not justified if assessee had proved its stand during original assessment

HIGH COURT OF DELHI NTPC Ltd. versus Deputy Commissioner of Income-tax W.P. (C) NO. 14562 OF 2006 JANUARY 10, 2013 JUDGMENT Badar Durrez Ahmed, J. By way of this writ petition, the National Thermal Power Corporation Limited (NTPC Limited), a public sector undertaking, is seeking the quashing of a notice dated 03.02.2006 issued by the respondent No.1 (Deputy Commissioner of Income Tax, New Delhi) issued purportedly under Section 148 of the Income Tax Act, 1961 (hereinafter referred to as ‘the said Act’), whereby the said respondent No.1 has indicated that he has rea...